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Apartments for Rent in Panama City, FL under $1200

9 Rentals Available
Apartments for Rent in Panama City, FL under $1200. 9 Rentals Available
  • A kitchen with a refrigerator, microwave, and dishwasher.
    60
    Today

    901 West 19Th Street, Panama City, FL 32405
    Income Restricted
    1 BED Ask for Pricing
    2 BEDS $1,168
  • A building with the text "AZTEC VILLA carbon Residential" in front of it.
    Today

    3913 Pisa Drive, Panama City, FL 32405
    1 BED $1,155
  • A kitchen with wooden cabinets and black appliances.
    1 day ago

    4200 W 19Th St Lot D1, Panama City, FL 32405
    1 BED $850

  • More Rentals Near Panama City, FL

  • a living room with a table and chairs and a chandelier
    15
    1 day ago

    7150 W Highway 98, Panama City Beach, FL 32407
    1 BED $1,098+
  • a living room with a couch and chairs and a fireplace
    13
    1 day ago

    9700 Panama City Beach Parkway, Panama City Beach, FL 32407
    1 BED $1,115+
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  • a living room with a couch and a ceiling fan
    19
    1 day ago

    90 Sandal Ln, Panama City Beach, FL 32413
    1 BED $1,173+
3-3-city
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Getting around in Panama City, FL

5 /100
Car-Dependent
26 /100
Somewhat Bikeable
Walk Score®: 5, Bike Score®: 26

Frequently asked questions

When were prices and availability in Panama City, FL last updated?

Prices and availability in Panama City, FL were last updated on 26 Nov 2025.

What are the best apartments in Panama City, FL?

The best apartments in Panama City, FL are: Turtle Lake, Siena Gardens Apartments, Parkview at Lynn Haven, The Kelly at 23rd Luxury Apartments and Aztec Villa.

What type of rental buildings are in Panama City, FL?

In Panama City, 45% of the residents are renting compared to 55% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 6% of Panama City’s rentals, 63% are small-scale complexes with under 50 units, and 30% are single-family rentals.

Renting apartments in Panama City, FL under $1,200

Searching for apartments for rent in Panama City, FL under $1,200 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away. In Panama City, FL, where the average rent is $1,356 per month, there are 9 units available for less than $1,200. Click on any of these units to see pictures, floor plans, amenities and more. After you have picked your favorite, you can contact the property to check availability. Considering that you are trying to spend as little as possible, looking at 1 bedroom apartments and studio apartments might be a good idea.

We’ll help you find the cheapest rental near you

Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $1,200” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Panama City, FL. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Panama City, FL going for $850 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!